Kalyan Jewellers: Cup & Handle Breakout Setup
Pattern: Cup & Handle Formation
Timeframe: Daily
Entry Level: Buy on a daily closing above 790
Stoploss: 712
Positional View: The Cup & Handle pattern suggests bullish momentum. A confirmed breakout with a daily close above 790 could lead to a significant upward move.
Note: Ensure the breakout is accompanied by good volume for confirmation.
Timeframe: Daily
Entry Level: Buy on a daily closing above 790
Stoploss: 712
Positional View: The Cup & Handle pattern suggests bullish momentum. A confirmed breakout with a daily close above 790 could lead to a significant upward move.
Note: Ensure the breakout is accompanied by good volume for confirmation.
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